Nearly 102 companies had listed in 2007 till December 17. CNBC-TV18's Research Analyst, Mansi Vora has analysed that the price movements of 77 out of 102 IPOs shows that investors would have been better off not selling their shares on the day of listing.
Again 60% or 47 IPOs out of 77 IPOs, under consideration, had appreciated further post listing as well.
For instance - Orbit Corporation closed the day with a premium of 16.32% over its offer price of Rs 110 when it listed on the bourses on April 12 this year. However, if investors would have been patient and held this stock till December 17, they would have gained a mind-boggling 623% returns.
In case of Gremach Infra, which listed at a discount of 2.38% to its issue price of Rs 86 on April 11. However, by December 17, the stock price had skyrocketed to Rs 333.30, a gain of 287.56% in a span of 9 months.
Other prominent gainers in this list are -
* Everonn systems - (241.75 per cent on debut, 424.25 per cent on December 17) * MIC Electronics - (123.77 per cent on debut, 402.10 per cent on Dec 17) * PSTL - (58.20 per cent on debut, 316.05 per cent on Dec 17) * GBN - (104.04 per cent on debut, 286.42 per cent on Dec 17) * Redington - (44.47 per cent on debut, 245 per cent on Dec 17).
However, there are 32 IPOs out of the sample size of 77 IPOs did better on the day of their debut or have sunk further.
9 IPOs from this group did better on the listing day as compared to their closing price on December 17.
Prominent stocks are –
Cambridge Tech that listed at a premium of 163 per cent on February 7 and by December 17 pared its gains to 120.26 per cent.
Sel Manufacturing listed at a premium of 58.67 per cent August 21 and by December 17, reduced its gains to 24.28 per cent.
Pochiraju Industries gained 63.83 per cent on the day of listing (February 2) and pared its gains to 15.83 per cent by December 17.
Same is the case with Lumax Auto (47.47 per cent on January 16 and 12.67 per cent by December 17), Mind Tree (45.95 per cent March 7 and 10.52 per cent by December 17) and Roman Tarmat (82.77 per cent on July 9 and 8.91 per cent by December 17).
There are 35 IPOs, which ended the listing day at discount to its issue price. Out of which, only 11 IPOs had been bounced back and trading in the green with good gains while others were below issue price.
That 11 IPOs list includes – Gremach Infra gained nearly 288% till December 17 and Refex Refrigerants surged 173%. Others are Indus Fila, Evinix, Astral etc.
By December 17, balance 24 IPOs were trading below their issue price, like House of Pearl was down 52% from its issue price, Vijayeswari slipped 42% and Oriental Trimex down 41%.
hello mr. your application no is wrong i check but no any single is correct ya tho tum chutiya ho ya tumhe kuch nahi aata. your application no is 23584904,5,6,7
I submitted two applications through Reliance Money Account. How can i find the application number and status? Submitted five other applications through ICICI Direct for 196 shares each - But got allotment in one application only.
what is BGR energy allotment process? application No.23854904,5,6,7,all four applications alloted 14 share each.wery late allotment and selletment against applications? what is grey market premium for allotment of application form?
BGR app.no. 81000248 Company Name: BGR Energy Systems Limited Application Details Sole / 1st Applicant: PANKAJ KUMAR SINHA Cut off Price: 480 Shares applied: 98
I applied for two full lots in both TRIL & BGR IPO BUT STILL NO ALLOTMENT HOW MUCH SHOULD MAN APPLY TO GET ALLOTMENT THESE DAYS.I am really fed up hope others have better luck.